Technical Charts Indicates the STEEM Show is Back On!

in steem •  7 years ago 

I finally have amazing news for those long the STEEM cryptocurrency: with today's massive price swing, the STEEM rally is back on!

First, the Steemit coin has decisively broken past a declining trend channel:

steem-trading-variance.jpg

Second, negative sentiment has been flushed out and the strong hands are moving back in over the past three days.

Third, I'm out...have a nice weekend!

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  ·  7 years ago (edited)

Good News, thanks! it's always a good time to buy Steem.
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It's back! :)

Good news :) Enjoy the rest of the weekend!

Sweet!

Have a nice weekend too! :) Thank you for the analysis , short but on point!

I don't even give a shit anymore! I'm just going to post "words" and a picture, and bye-bye!

What is the app this chart comes from? Looks like i have never seen anything like this. Would like to try it.

I'm glad you like it! Unfortunately, it's not an app...I manually created this chart.

I think this is probably the biggest danger in crypto right now!

https://steemit.com/cryptocurrency/@cryptocoinclub/blockfolio-addiction-help-group

Good call @bullishmoney.
Plus a pretty little head and shoulders bottom. It's looking real nice to me. Let's go get it.

Yes, that's definitely a convincing technical breakout.👌